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Costa Rica could be one of the next countries to adopt Bitcoin (BTC) as a regulated payment method.
This week, Congresswoman Johana Obando introduced a bill to allow Bitcoin and other cryptocurrencies to serve as a form of payment. The bill also proposes that traditional banking institutions be able to serve as crypto exchanges, including custody and wallet services for their customers.
“The cryptocurrency assets market is very new. This bill wants to propose Costa Rica as an investment center for crypto-related people and companies to see Costa Rica as a growth niche.”
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TimeStamps: (Check back soon once video done processing)
Show Notes / News Resources:
β Bitcoin Technical Analysis: https://bit.ly/3W6cmIh
β Ethereum $500B Wipeout: https://bit.ly/3WcaJZz
β Elon’s Twitter Acquisition: https://bit.ly/3DQVpKV
β Crypto Bear Warning: https://bit.ly/3DJedvw
β Bitcoin Price Prediction: https://bit.ly/3DhLo7Y
β Costa Rica Bitcoin: https://bit.ly/3NiIJzb
Welcome Music credit:
Track: The Salad That Time Forgot
Music by Slip.stream: https://slip.stream/tracks/df5c95d2-135b-4f2c-b820-bcdb06b5cf3e
π΄ DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make.ββββββββ Always do your own research and never invest what you cannot afford to lose.
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The Metaverse – The Next Facebook
The Metaverse is a virtual world that enables users to inhabit their own space and interact with others through online avatars. These avatars give users freedom of movement, speech, and action, and can be traded and owned through the use of non-fungible tokens. There are also social spaces and games for users to participate in and create.
The metaverse is still a work in progress, but some companies are investing in it. Boeing, for example, has a stake in the project and plans to create a digital environment for its employees to collaborate. Microsoft is another big name in the metaverse. They have introduced Mesh for Microsoft Teams, a service that allows users to create avatars in a 3-D holographic environment. Microsoft also announced Holoportation, a technology that lets users access the digital world using a VR headset.
Another company that has invested in the Metaverse is RFOX, which aims to become the global leader in immersive technology. The company has a focus on gaming, rewards, and community experiences, and has its own native metaverse coin, RFOX. The coin is the central hub of the metaverse ecosystem, which includes non-fungible tokens, gaming, finance, and e-commerce.
Incentivize users to use the Metaverse and build a network of communities. The use of crypto-asset protocols has created the infrastructure to make this possible. Incentives such as play-to-win will help people create community-based networks. The Metaverse is an emerging social platform and could be the next evolution of Facebook. The implementation of play-to-earn will be critical to the success of the Metaverse globally.